TI Market Share: PHILIPPINES

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Reference: Euromonitor International (September 2015). Passport: Cigarettes in the Philippines

Philip Morris Philippines Manufacturing Inc (PMPMI) acquired Fortune Tobacco Corporation (FTC) in 2010 and became PMFTC. Philip Morris Fortune Tobacco continues to dominate the overall Philippine cigarette market, ending 2013 with 79% of total volume cigarette sales.

Mighty Tobacco Corporation is a local tobacco company that sells mainly cheap cigarette brands.

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